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Category — Carbanak
FIN7 Cybercrime Group Targeting U.S. Auto Industry with Carbanak Backdoor

FIN7 Cybercrime Group Targeting U.S. Auto Industry with Carbanak Backdoor

Apr 18, 2024 Cyber Attack / Malware
The infamous cybercrime syndicate known as FIN7 has been linked to a spear-phishing campaign targeting the U.S. automotive industry to deliver a known backdoor called Carbanak (aka Anunak). "FIN7 identified employees at the company who worked in the IT department and had higher levels of administrative rights," the BlackBerry research and intelligence team  said  in a new write-up. "They used the lure of a free IP scanning tool to run their well-known Anunak backdoor and gain an initial foothold utilizing living off the land binaries, scripts, and libraries ( LOLBAS )." FIN7, also known as Carbon Spider, Elbrus, Gold Niagara, ITG14, and Sangria Tempest, is a well-known  financially motivated e-crime group  that has a track record of striking a wide range of industry verticals to deliver malware capable of stealing information from point-of-sale (PoS) systems since 2012. In recent years, the threat actor has  transitioned  to  conducting ransomwar...
Carbanak Banking Malware Resurfaces with New Ransomware Tactics

Carbanak Banking Malware Resurfaces with New Ransomware Tactics

Dec 26, 2023 Malware / Cybercrime
The banking malware known as  Carbanak  has been observed being used in  ransomware attacks  with updated tactics. "The malware has adapted to incorporate attack vendors and techniques to diversify its effectiveness," cybersecurity firm NCC Group  said  in an analysis of ransomware attacks that took place in November 2023. "Carbanak returned last month through new distribution chains and has been distributed through compromised websites to impersonate various business-related software." Some of the impersonated tools include popular business-related software such as HubSpot, Veeam, and Xero. Carbanak , detected in the wild since at least 2014, is known for its data exfiltration and remote control features. Starting off as a banking malware, it has been put to use by the  FIN7 cybercrime syndicate . In the latest attack chain documented by NCC Group, the compromised websites are designed to host malicious installer files masquerading as legitimat...
Want to Grow Vulnerability Management into Exposure Management? Start Here!

Want to Grow Vulnerability Management into Exposure Management? Start Here!

Dec 05, 2024Attack Surface / Exposure Management
Vulnerability Management (VM) has long been a cornerstone of organizational cybersecurity. Nearly as old as the discipline of cybersecurity itself, it aims to help organizations identify and address potential security issues before they become serious problems. Yet, in recent years, the limitations of this approach have become increasingly evident.  At its core, Vulnerability Management processes remain essential for identifying and addressing weaknesses. But as time marches on and attack avenues evolve, this approach is beginning to show its age. In a recent report, How to Grow Vulnerability Management into Exposure Management (Gartner, How to Grow Vulnerability Management Into Exposure Management, 8 November 2024, Mitchell Schneider Et Al.), we believe Gartner® addresses this point precisely and demonstrates how organizations can – and must – shift from a vulnerability-centric strategy to a broader Exposure Management (EM) framework. We feel it's more than a worthwhile read an...
Researchers Find Links b/w Black Basta Ransomware and FIN7 Hackers

Researchers Find Links b/w Black Basta Ransomware and FIN7 Hackers

Nov 03, 2022
A new analysis of tools put to use by the Black Basta ransomware operation has identified ties between the threat actor and the  FIN7  (aka Carbanak) group. This link "could suggest either that Black Basta and FIN7 maintain a special relationship or that one or more individuals belong to both groups," cybersecurity firm SentinelOne  said  in a technical write-up shared with The Hacker News. Black Basta, which  emerged  earlier this year, has been attributed to a ransomware spree that has claimed over 90 organizations as of September 2022, suggesting that the adversary is both well-organized and well-resourced. One notable aspect that makes the group stand out, per SentinelOne, is the fact that there have been no signs of its operators attempting to recruit affiliates or advertising the malware as a RaaS on darknet forums or crimeware marketplaces. This has raised the possibility that the Black Basta developers either cut out affiliates from the chain a...
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